5725 Melrose Avenue, Los Angeles, CA 90038

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
5725 Melrose Avenue,Los Angeles, CA 90038
$1,573,000
  • 0.15 Acres
  • Lots / Land
  • Active
Listed by: benjamin lee, chi zhang
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26823233
Source:CRMLS

Price summary

  • Price:$1,573,000

About this home

We are pleased to present 5725 Melrose Ave, a vacant lot totaling 6,424 SF zoned C2-1D in a Tier 3 TOC located in a prime location on Melrose Ave in the Hancock Park & Larchmont Village neighborhood of Los Angeles. Ideal multifamily development opportunity with the ability to build 17 units by-right, 28 units if the TOC incentives are utilized, or additional density via ED-1 (Buyer to verify). Ideal location just down the street from Wilshire Country Club, Los Angeles Tennis Club and the Marlborough School; walking distance to numerous retail amenities along N Larchmont Blvd and half a mile from Paramount Studios; high walk score of 93. Located in a submarket with strong demographics; average household income of $91,486 within a 5-mile radius of the subject property and median home value of over $1 MM within two miles. Central location with an easy commute throughout Los Angeles to Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea. Unique opportunity to acquire a vacant...

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Home facts

  • Listing ID #:26823233
  • Added:1 day(s) ago
  • Updated:April 29, 2026 at 04:34 AM

Structure and exterior

  • Lot area:0.15 Acres
  • Lot Features:Rectangular Lot, Value In Land

Finances and disclosures

  • Price:$1,573,000
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